Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Electronic Article Surveillance Industry (2020 to 2027) - Market Trajectory and Analytics - ResearchAndMarkets.com
April 9, 2021 GMT
DUBLIN--(BUSINESS WIRE)--Apr 9, 2021--
Amid the COVID-19 crisis, the global market for Electronic Article Surveillance estimated at US$980.3 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027.
ADVERTISEMENT
Tags, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$719.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Antennas & Detachers segment is readjusted to a revised 3.3% CAGR for the next 7-year period.